Cushing-centric demand

Oil
May 26, 2021

ICE Brent crude oil remained at 68.9 $/b, as the API survey showed a continued drop in US crude stocks while refined product stocks dipped by a combined 7 mb, highlighting the strength of the US refined product market. European refining runs were recorded at 8.6 mb/d in April, only above last year’s slump by 2.5%.

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Cushing-centric demand

You might also read :

Power and carbon prices rose alongside the gas and oil markets

Power prices surged on extended and unplanned nuclear outage

Curve prices up again on bullish clean fuel costs

Simplifying energy markets